Getting business liability insurance is one of the more important things that you have to consider when investing. A budget must be set for the purchase of an insurance coverage even during the budget setting stage. This is important because this will help protect you, your business and your assets from lawsuits and claims that your company might get during the course of its operations. Today, lawsuits are easily filed even with the littlest...more
What is Business Liability Insurances and Why is it Important? A better way of understanding business liability insurance The best way of understanding how this economical solution works, is if you take a close look to the following example. A doctor, working in a hospital has to have such insurance for performing operations. In case of an unsatisfied patient, the patient's family, or the patient himself, can sue the doctor for...more
Since its inception about fifty years ago, D&O insurance has evolved into a family of products responding differently to the needs of publicly traded companies, privately held businesses and not-for-profit entities and their respective board members, officers and trustees.Directors' & Officers' Liability, Executive Liability or Management Liability insurance are essentially interchangeable terms. However, insuring agreements, definitions, exclusions and coverage options vary materially depending upon the type of policyholder being insured and the insurer underwriting the risk. Executive Liability insurance, once considered a necessity solely for publicly traded companies, particularly due to their exposure to shareholder litigation, has become recognized as an essential part of a risk transfer program for privately held companies and not-for-profit organizations.Optimization of protection is a common goal shared by all types of organizations. In our opinion, the best way to achieve that objective is through engagement of highly experienced insurance, legal and financial advisors who work collaboratively with management to continually assess and treat these specialized enterprise...more
Cheap liability insurance in Texas does not come easily. The secret lies in comparing different quotes from lots of companies so that you can come up with the best comparison. Since insurance companies base the premiums on several factors including the driving record and the type of car the driver owns, a rate which is different from the quote is...more
Many business owners don't take the time to understand public liability insurance, and could face paying exorbitant fees for damages if their policy proves to be insufficient for their needs. Public liability insurance is the most common type of insurance taken out by small businesses, but with a range of cover options available, it's...more
When a company decides to buy liability insurance it is essential to consider the various factors that are required for taking a policy. A policy can be purchased depending upon the no of employees and the nature of risk involved. For instance, a company will be engaged in using heavy machineries to manufacture a particular product. In such cases, lots of precautions are taken so that the employee is not affected while using the machine but even then there are chances for bodily injuries to take place. The affected employee will file a lawsuit against the company as he was injured while working in the premises of the company. To cover the loss incurred when an employee is injured, the company can take employer liability insurance. If your business is properly insured then you can concentrate on other major tasks and you can be at peace. Some liability insurance policies cover all the basic insurance needs but if your company needs a specific type of coverage then a D&O liability, employer liability or professional liability insurance policy can be purchased. Another type of liability insurance is product liability insurance. Any accident, minor injury or even death can be caused...more
Whether you are hosting a birthday party, a housewarming or a new years eve party, chances are that some if not all of your guests will have a bit more to drink than they should. If these guests are involved in an accident or damage other peoples'...more
Employers' Liability Insurance: Getting it Right A study of 115 small businesses carried out by the Forum of Private Business (FPB) recently discovered that 59 per cent believe that a review of the regulations surrounding health and...more
Watch The Office Season 7 Episode 18 Online Watch The Office Season 7 Episode 18 Online here:Watch The Office Season 7 Episode 18 OnlineAfter many years and motel rooms, Dunder Mifflin traveling salesman Todd Packer is ready to leave...more
With the growing demand of consumer rights protection the need of a capable and efficient product liability attorney is also growing by leaps and bound. However, there are many people who dont know much about product liability and product liability...more
You left your long-time employer to pursue your dream of opening an art gallery. You developed a business plan, signed artists, leased the perfect downtown location, and spent what money was left advertising the gallery's grand opening at the end of...more
Umbrella Liability Insurance By: beamalife About the Author Written byWhole life Quote | Term Life Quote : BeamaLife (ArticlesBase SC #3478684) Article Source: http://www.articlesbase.com/ - Umbrella Liability...more